Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Well and Electricity Title is generated by Realmo AI

    43601 Bonny Lane, Aguanga, CA 92536

    View on Map
    Claim this Listing
    For Sale
    $175,000

    Land suitable for ranching, farming, or private resort.

    Type:Lot/Land
    Added:
    Aug 21, 2024
    Days on Market:
    651
    Last Refresh:
    Mar 13 at 6:11 pm

    Property Features for 43601 Bonny Lane

    General Information

    Standard status
    Active
    Property subtype
    Lot/Land

    We can help!

    Listing Contact
    Robyn Garrison
    Robyn Garrison

    Listing agent Robyn Garrison License #01415802

    Listing office ERA Excel Realty

    Listing date Aug 21, 2024

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ERA Excel Realty

    HighLights

    • Permitted well and electricity on the property.
    • Spectacular views and beautiful starry nights.
    • Suitable for ranching, farming, or private resort development.
    • Four mild seasons conducive to growing grapes, fruit trees, and nuts.
    • Fenced property.
    • Close proximity to Cahuilla Casino, Cahuilla Motorcross Track, Lake Hemet, and Idyllwild.

    Overview

    This property offers the opportunity to leave the city behind and realize country living aspirations. It includes a permitted well, electricity, fencing, and views. The land is suitable for ranching, farming, or developing a private resort. The area experiences four mild seasons, conducive to growing grapes, stone fruit trees, and nuts. The property is located near the Cahuilla Casino, the Cahuilla Motorcross Track, Lake Hemet, and Idyllwild, offering recreational opportunities. Temecula, Hemet, and Palm Desert are within a 45-minute drive.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Aguanga
    County
    Riverside
    State
    California
    Longitude
    -116.7232973
    Latitude
    33.4888408

    Nearby Similar for Sale

    • $139,900

      Aguanga Land Lot with Amenities

      Land/Lot in Rancho California RV Resort with golf and pools.
      45525 Highway 79 Lot 249, Aguanga, CA 92536
      View Details
    • $215,000

      20 Acres in Aguanga, CA

      20-acre parcel with mountain views, suitable for ranching or homesteading.
      51919 TULE PEAK Rd, Aguanga, CA 92536
      View Details
    • $240,000

      Land in Aguanga with Well

      8.26 acre lot with well near Temecula Wine Country.
      42520 Grama Rd, Aguanga, CA 92536
      View Details
    • $469,000
      1,600 SF

      Rancho California RV Resort Lot

      Resort living with lake and golf course views in California.
      45525 Highway 79 #340, Aguanga, CA 92536
      View Details
    • $160,000

      Corner Lot Near Lake Riverside

      2.81-acre corner lot near private airstrip and equestrian center.
      358 Sky Harbor and Lakefront, Aguanga, CA 92536
      View Details
    • $235,000

      26 Acres in Aguanga, CA

      26-acre parcel with mountain views, well, and power access.
      4 SYCAMORE FALLS, Aguanga, CA 92536
      View Details
    • $98,000

      Usable 20 Acres in Aguanga

      20 acres of usable land with gentle terrain.
      47925 Chris Allen Way, Aguanga, CA 92536
      View Details
    • $490,000

      Aviation Runway & Equestrian Acreage

      Rare Southern California property with direct taxiway access and equestrian amenities.
      330 Sky Harbor Way, Aguanga, CA 92536
      View Details
    • $118,000

      Lake Riverside Estates Land Parcel

      2.54-acre level parcel in equestrian community with amenities.
      300 Flightline Way, Aguanga, CA 92536
      View Details
    • $170,000

      20 Acres Vacant Land Aguanga

      20 acres of vacant land outside Aguanga city limits.
      0 Deerspring Trail, Aguanga, CA 92536
      View Details
    • $45,000

      Land with Lake and Mountain Views

      2.66-acre lot in gated community with amenities.
      391 Lakeshore Blvd, Aguanga, CA 92536
      View Details
    • $490,000

      Aviation Runway & Equestrian Acreage

      2.69-acre parcel with taxiway access to a 3600' runway.
      330 Sky Harbor, Aguanga, CA 92536
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Land suitable for ranching, farming, or private resort.
    Where is this agricultural land / farmland located?
    The property is located at 43601 Bonny Lane Aguanga, CA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Permitted well and electricity on the property.; Spectacular views and beautiful starry nights.; Suitable for ranching, farming, or private resort development.
    (805) 312-0369
    We can help!
    Listing Contact
    Robyn Garrison
    Robyn Garrison
    Real Estate License ID: 01415802
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    43601 Bonny Lane, Aguanga, CA 92536
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!